Here’s the thing, even with no news (yet) and no recent filings, (other than the form 4 from last year) the price has gone up nearly 300% since February. That’s pretty damn good on any level. This is just my take, I don’t have anything to base this on other than the little information that’s available online if you dig-
As far as I can tell the share structure hasn’t changed- so that would indicate a few things to me. Currently AFYG either has very low operating costs, or they have steady cash flow, or some combination of both. Why do I say this? Because as I pointed out the share structure hasn’t changed, meaning they haven’t sold any convertible debt- Which is what most of the scummy CEO’s do. If you look back to the old days when there was a steady flow of Info, Corey always said he was against that.
We know they’ve got a little cash infusion last year. I personally believe that whatever operations they have running, albeit small ones, if any, are pulling enough money out of the ground, that they haven’t sold any debt.
I’m eager to see some concrete evidence that my “gut feeling” is right. The day that some real news comes out backed up by some filings being made, and if this thing ever gets current with SEC this thing will explode. The share structure and small float will make it move on air.
There was also a sudden increase in the short interest back in February which coincided with the price going up. Not sure why anyone would just short almost 50K shares 1 month out of the blue, but if they are the ones who’ve had to buy it up to almost 9 cents then I hope the choke on their losses-
Time will tell-
